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Farsight Consulting Limited

07215255

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

SUITE 3D&E, THIRD FLOOR, 31, BIRMINGHAM, B2 5DB
Incorporated 07/04/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Patrick Cooney

director · Since 20/05/2024

DIRECTOR

IRISH · IRELAND · Age 50

Roopinder Singh

director · Since 09/06/2025

CEO

BRITISH · UNITED KINGDOM · Age 61

Also on 22 other boards

Persons with Significant Control

Sixty-One Holdings Ltd

75–100% shares
75–100% votes

Suite 3d&E, Third Floor, Birmingham, B2 5DB

Notified 20/12/2018

Former PSCs

Mr Peter Neil Masters

Ceased 20/12/2018

Mrs Charlotte Hurst

Ceased 15/05/2024

CompanyRankvs 4240+ SIC 70229 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

or ∙ the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Page 5 Independent auditor's report to the members of Far

Key FinancialsYear ending 31/03/2023

Turnover

£15.7M

Annual revenue

Net Worth

£6.5M

Balance sheet strength

Cash

£6.3M

Cash in the bank

Profit Before Tax

£2.4M

Bottom line earnings

Net Current Assets

£6.4M

Working capital

Current Assets

£8.5M

Current Liabilities

£2.1M

Fixed Assets

£113k

Debtors

£2.2M

Cost of Sales

£11.3M

Gross Profit

£4.4M

Admin Expenses

£2.0M

Operating Profit

£2.4M

Profit After Tax

£1.9M

43avg. employees-21

Tax at Year End

Corp tax£487k
Dividends paid-£114k

People Costs

Wages & salaries£4.0M
NI contributions£501k

Balance Sheet

Assets less current liabilities£6.5M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20234.00
20223.32
20215.87
20203.35
20191.73

Derived from filed accounts. Not audited figures.